Page 701 - Personal Finance

40 years ago...And now: Can't retire with a crore any more

Inflation and asset prices have eroded the value of money. A look at what Rs 1 cr meant 40 years ago and what it means now

Give preference to debt funds

Rebalancing would imply booking some profits in equity. Or, one could consider balanced funds

Guide to mobile trading

Even those with a 2G connection can use the platform

Is your broker misleading you?

NSEL is not the only one to be blamed for the Rs 5,600-crore payments scam. Brokers did no favours to their clients, whose gullibility or carelessness was also at fault

Lessons from market volatility

Diversification and asset allocation can reduce uncertainty and improve portfolio outcomes

A SARAL way to invest in stock markets

With Sebi allowing a combined demat and trading account and simplified address proof, retail investors will find the process more convenient

IBA, insurers to meet soon on new insurance, pension schemes

Issues on agenda include premium collection mechanism, issuance of certificates, transfer of data to insurance firms

Spouse, father decide on health insurance for most women: ICICI Lombard survey

Only 39% women hold a health insurance policy, 48% say they don't have one, while 12% are not sure

Get locked into FDs

With banks likely to cut rates, investing in a product that offers 8-9% annually will be beneficial

Home, car loan EMIs to go down

Bankers believe the second rate cut outside the policy side will spur a relook at their base rates

Tata AIA Life launches 'Revive' for lapsed policies

Customers will not be harged any interest to renew their life insurance policies.

Your personal income tax rate won't go down soon

Revenue Secretary Shaktikanta Das says: 'The peak rate of 30% is very reasonable rate even in international standard'

Senior citizen insurance benefits isn't enough

Those below 40 might find it tough to exhaust the Rs 25,000 medical insurance limit; tax benefits for senior citizens could've been more

Investing lessons from Kejriwal's election success

Be willing to learn from mistakes, stick to your stated position and don't blindly follow others

Avoid banking sector funds for now

With the valuations of private and public sector banks very different, new investors should gauge the portfolio before taking a call

Vintage cars: Valuation in slow lane

Costly maintenance and difficulty in procuring spare parts ensure there is no money to be made, but collectors say there is joy in preserving history

Look beyond size to build MF portfolio

Don't ignore schemes from small fund houses with an excellent record

Don't redeem investments in new funds before one year

In an open-ended fund, investors should wait for a year, evaluate the performance and then take a call 

Dig deeper to pick a winner

With the market on an upswing, mutual fund investors need to look at performance across market cycles

Does the Budget benefit you?

Some good things from a long-term savings perspective, but these aren't likely to put substantial cash in your hands